That means that the amount of revenue lost due to Donald Trump's tax cuts plan will be just under 4.0 percent of GDP. While they rightfully intend to confront his racism, sexism, and xenophobia, the Clinton campaign also seems prepared to attack Trump's "budget-busting" tax cuts. It seems more than a bit odd to be giving them a huge tax cut to make them still richer. In this context, a proposal to have a big tax cut actually could make a great deal of sense. First, the bulk of the tax cut goes to the people at the top of the income ladder.

Source: Huffington Post August 02, 2016 00:22 UTC